Declared Dividend • Jun 01
Dividend of NT$0.50 announced Dividend of NT$0.50 is the same as last year. Ex-date: 29th July 2026 Payment date: 19th August 2026 Dividend yield will be 1.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 79% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.0% EPS decline seen over the last 5 years. New Risk • May 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.2% Last year net profit margin: 24% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (121% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Market cap is less than US$100m (NT$1.36b market cap, or US$43.4m). New Risk • Apr 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 659% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (106% cash payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.31b market cap, or US$41.5m). New Risk • Mar 31
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 171% Dividend yield: 1.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (171% cash payout ratio). Market cap is less than US$100m (NT$1.32b market cap, or US$40.9m). Reported Earnings • Mar 09
Full year 2025 earnings released: EPS: NT$3.18 (vs NT$3.54 in FY 2024) Full year 2025 results: EPS: NT$3.18 (down from NT$3.54 in FY 2024). Revenue: NT$874.4m (down 4.6% from FY 2024). Net income: NT$139.5m (down 10% from FY 2024). Profit margin: 16% (down from 17% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Mar 06
Juic International Corporation, Annual General Meeting, May 29, 2026 Juic International Corporation, Annual General Meeting, May 29, 2026. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city Taiwan Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: NT$1.98 (vs NT$0.34 loss in 3Q 2024) Third quarter 2025 results: EPS: NT$1.98 (up from NT$0.34 loss in 3Q 2024). Revenue: NT$204.3m (down 20% from 3Q 2024). Net income: NT$86.8m (up NT$101.8m from 3Q 2024). Profit margin: 43% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. New Risk • Sep 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 252% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.7% net profit margin). Market cap is less than US$100m (NT$1.39b market cap, or US$46.3m). Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to NT$31.65, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 21% over the past three years. Reported Earnings • Aug 08
Second quarter 2025 earnings released: NT$3.18 loss per share (vs NT$0.95 profit in 2Q 2024) Second quarter 2025 results: NT$3.18 loss per share (down from NT$0.95 profit in 2Q 2024). Revenue: NT$241.0m (up 5.9% from 2Q 2024). Net loss: NT$139.6m (down 434% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. New Risk • Aug 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (5.7% net profit margin). Market cap is less than US$100m (NT$1.59b market cap, or US$53.1m). Upcoming Dividend • Jul 23
Upcoming dividend of NT$0.50 per share Eligible shareholders must have bought the stock before 30 July 2025. Payment date: 20 August 2025. Payout ratio is a comfortable 9.4% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.0%). Buy Or Sell Opportunity • Jun 09
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 30% to NT$48.10. The fair value is estimated to be NT$38.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 29% over the last 3 years. Earnings per share has grown by 38%. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$51.80, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 152% over the past three years. New Risk • May 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (NT$2.11b market cap, or US$69.8m). Buy Or Sell Opportunity • May 12
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 37% to NT$49.15. The fair value is estimated to be NT$40.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 25% over the last 3 years. Earnings per share has grown by 22%. Reported Earnings • May 08
First quarter 2025 earnings released: EPS: NT$3.21 (vs NT$0.72 in 1Q 2024) First quarter 2025 results: EPS: NT$3.21 (up from NT$0.72 in 1Q 2024). Revenue: NT$254.3m (up 8.6% from 1Q 2024). Net income: NT$141.1m (up 344% from 1Q 2024). Profit margin: 56% (up from 14% in 1Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 25% per year. Buy Or Sell Opportunity • Apr 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to NT$28.00. The fair value is estimated to be NT$35.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 24% over the last 3 years, while earnings per share has been flat. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to NT$30.15, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 44% over the past three years. Reported Earnings • Mar 20
Full year 2024 earnings released: EPS: NT$3.54 (vs NT$0.63 loss in FY 2023) Full year 2024 results: EPS: NT$3.54 (up from NT$0.63 loss in FY 2023). Revenue: NT$916.4m (down 35% from FY 2023). Net income: NT$155.4m (up NT$183.2m from FY 2023). Profit margin: 17% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Announcement • Mar 06
Juic International Corporation, Annual General Meeting, Jun 16, 2025 Juic International Corporation, Annual General Meeting, Jun 16, 2025. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city Taiwan Announcement • Mar 05
Juic International Corporation to Report Fiscal Year 2024 Results on Mar 12, 2025 Juic International Corporation announced that they will report fiscal year 2024 results on Mar 12, 2025 Reported Earnings • Nov 18
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: NT$255.9m (down 38% from 3Q 2023). Net loss: NT$15.0m (down 135% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Sep 05
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 54% to NT$47.50. The fair value is estimated to be NT$37.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Earnings per share has declined by 22%. New Risk • Sep 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 47% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.77b market cap, or US$55.0m). Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$40.20, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 88% over the past three years. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$0.95 (vs NT$0.35 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.95 (up from NT$0.35 in 2Q 2023). Revenue: NT$227.6m (down 35% from 2Q 2023). Net income: NT$41.8m (up 175% from 2Q 2023). Profit margin: 18% (up from 4.4% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Aug 05
Now 26% undervalued Over the last 90 days, the stock has risen 20% to NT$29.25. The fair value is estimated to be NT$39.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 17%. Announcement • Aug 02
Juic International Corporation to Report Q2, 2024 Results on Aug 08, 2024 Juic International Corporation announced that they will report Q2, 2024 results on Aug 08, 2024 Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$32.40, the stock trades at a trailing P/E ratio of 73.1x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 47% over the past three years. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$0.72 (vs NT$0.35 loss in 1Q 2023) First quarter 2024 results: EPS: NT$0.72 (up from NT$0.35 loss in 1Q 2023). Revenue: NT$234.1m (down 21% from 1Q 2023). Net income: NT$31.8m (up NT$47.3m from 1Q 2023). Profit margin: 14% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Mar 20
Full year 2023 earnings released: NT$0.63 loss per share (vs NT$2.64 profit in FY 2022) Full year 2023 results: NT$0.63 loss per share (down from NT$2.64 profit in FY 2022). Revenue: NT$1.41b (down 13% from FY 2022). Net loss: NT$27.8m (down 124% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year. Announcement • Mar 09
Juic International Corporation, Annual General Meeting, May 27, 2024 Juic International Corporation, Annual General Meeting, May 27, 2024. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$25.30, the stock trades at a trailing P/E ratio of 59.6x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 5.5% over the past three years. New Risk • Nov 20
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.5% average weekly change). Earnings have declined by 42% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (NT$1.51b market cap, or US$47.6m). New Risk • Aug 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.2% average weekly change). Earnings have declined by 35% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (NT$1.44b market cap, or US$45.3m). New Risk • Aug 10
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.5% Last year net profit margin: 4.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (NT$1.46b market cap, or US$45.9m). Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: NT$0.35 (vs NT$1.21 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.35 (down from NT$1.21 in 2Q 2022). Revenue: NT$349.2m (down 26% from 2Q 2022). Net income: NT$15.2m (down 71% from 2Q 2022). Profit margin: 4.4% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$33.95, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 44% over the past three years. Upcoming Dividend • Jul 21
Upcoming dividend of NT$0.50 per share at 1.7% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%). Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$29.45, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 27% over the past three years. New Risk • Jun 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (NT$1.21b market cap, or US$39.5m). Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$27.30, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 20% over the past three years. Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: NT$2.64 (vs NT$0.33 in FY 2021) Full year 2022 results: EPS: NT$2.64 (up from NT$0.33 in FY 2021). Revenue: NT$1.62b (down 21% from FY 2021). Net income: NT$115.8m (up NT$101.4m from FY 2021). Profit margin: 7.2% (up from 0.7% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Nov 09
Third quarter 2022 earnings released: EPS: NT$0.99 (vs NT$0.46 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.99 (up from NT$0.46 in 3Q 2021). Revenue: NT$332.3m (down 33% from 3Q 2021). Net income: NT$43.6m (up 115% from 3Q 2021). Profit margin: 13% (up from 4.1% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 20% share price gain to NT$23.40, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total loss to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$20.95, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total loss to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to NT$22.60, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total loss to shareholders of 31% over the past three years. Reported Earnings • Aug 10
Second quarter 2022 earnings released: EPS: NT$1.21 (vs NT$0.14 loss in 2Q 2021) Second quarter 2022 results: EPS: NT$1.21 (up from NT$0.14 loss in 2Q 2021). Revenue: NT$469.2m (down 13% from 2Q 2021). Net income: NT$53.2m (up NT$59.2m from 2Q 2021). Profit margin: 11% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jun 29
Upcoming dividend of NT$0.50 per share Eligible shareholders must have bought the stock before 06 July 2022. Payment date: 22 July 2022. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (4.5%). Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 22% share price gain to NT$26.70, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total loss to shareholders of 16% over the past three years. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: NT$0.98 (vs NT$0.53 in 1Q 2021) First quarter 2022 results: EPS: NT$0.98 (up from NT$0.53 in 1Q 2021). Revenue: NT$503.0m (down 4.4% from 1Q 2021). Net income: NT$43.0m (up 86% from 1Q 2021). Profit margin: 8.6% (up from 4.4% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 28
Full year 2021 earnings released: EPS: NT$0.33 (vs NT$0.53 in FY 2020) Full year 2021 results: EPS: NT$0.33 (down from NT$0.53 in FY 2020). Revenue: NT$2.03b (up 10% from FY 2020). Net income: NT$14.4m (down 38% from FY 2020). Profit margin: 0.7% (down from 1.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Announcement • Mar 23
Juic International Corporation, Annual General Meeting, Jun 17, 2022 Juic International Corporation, Annual General Meeting, Jun 17, 2022. Upcoming Dividend • Aug 23
Upcoming dividend of NT$0.70 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 14 September 2021. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.3%). Reported Earnings • Aug 12
Second quarter 2021 earnings released: NT$0.14 loss per share (vs NT$0.39 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: NT$540.8m (up 11% from 2Q 2020). Net loss: NT$6.07m (loss narrowed 65% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$22.50, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total loss to shareholders of 9.2% over the past three years. Reported Earnings • May 11
First quarter 2021 earnings released: EPS NT$0.53 (vs NT$0.57 in 1Q 2020) The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$526.1m (up 56% from 1Q 2020). Net income: NT$23.1m (down 7.9% from 1Q 2020). Profit margin: 4.4% (down from 7.5% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS NT$0.53 (vs NT$4.15 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.84b (down 14% from FY 2019). Net income: NT$23.2m (down 87% from FY 2019). Profit margin: 1.3% (down from 8.5% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 10% per year. Is New 90 Day High Low • Jan 18
New 90-day high: NT$27.75 The company is up 24% from its price of NT$22.30 on 21 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 25% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: NT$24.45 The company is up 10.0% from its price of NT$22.15 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS NT$0.02 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$507.7m (down 10% from 3Q 2019). Net income: NT$872.0k (down 99% from 3Q 2019). Profit margin: 0.2% (down from 12% in 3Q 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Sep 25
New 90-day low: NT$21.15 The company is down 17% from its price of NT$25.45 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period.